You're Being Lied To: The Federal Deficit Is Bigger Than You Think

From Peter St Onge, Ph.D., @profstonge: Turns out this year's federal deficit is a lot bigger than they claimed, and growing twice as fast.

Thanks to a cute accounting gimmick that counted student loan cancellation as revenue.

That means our deficit is already $2 trillion -- up 40% on a year ago. And it means Congress promising $144 trillion in debt by 2053 could actually be low-balling.